The prices in real estate in Kitchener, in the Ontario region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Kitchener has increased strongly during the last 6 months. In May, the average price per sq.feet was $385. In the following month the price per sq.feet increased to $414. In the following two months the price per sq.feet has increased 105 %, going from $399.5 to $421 per sq.feet. The price per sq.feet has had a considerable increase of 418 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $410.25 to $1,715.5 during September, and October.
Based upon to the price in Kitchener (cities), this has gone up in the last 6 months. The price in May is $330,512, rising in June till $370,024. In the following two months the average price has remained the same with regard to the previous two months from $350,268 to $355,583.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $352,925.75 and $355,702 between September and October.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 0 % cheaper than the average price of $319,484 in Kitchener. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % cheaper than the average price of ($2,934 / sq.feet) in Kitchener. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Kitchener we can see that the cheapest property type is "House" at a price of $319,484, they are 0 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 0 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $2,934 / sq.feet. "House" with an average cost of $2,934 / sq.feet has the lowest price and would be directed at less affluent cities.